Eric Trump, son of US President Donald Trump and co-founder of American Bitcoin (ABTC), a Bitcoin (BTC), a Bitcoin (BTC), said Friday that BTC has reached $1 million over the next few years, “there is no doubt.”
Trump previously predicted that BTC would reach $1 million per coin in December 2024. He spoke to the audience at the Bitcoin 2025 Asia Conference in Hong Kong, Trump said.
“There are nations that buy hell from Bitcoin. There are Fortune 500 companies that buy hell from Bitcoin. You have the biggest family. You have the biggest companies that believe in this value digital storage. Everyone is buying Bitcoin.
That’s incredible and that’s why I’ve always said I believe Bitcoin will reach $1 million for the next few years. There’s no doubt that Bitcoin has reached $1 million,” Trump continued.
Trump said current Bitcoin adopters are still “early” despite growing demand from financial institutions and wealthy individuals.
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Griffon approves merger with American Bitcoin amid a slight BTC drawdown
Shareholders of US-based Bitcoin miner Gryphon Digital Mining approved a reverse merger with ABTC in August, trading under ABTC tickers when the transaction is completed and inventory is relisted on the NASDAQ exchange in September.
Griffon’s shares rose about 231% since May 2025 when initial trading was announced, and rose more than 42% on Thursday, predicting a merger.
The deal came amid a minor revision on August 14th, from Bitcoin’s all-time high price of around $124,500, about 13%.
Bitcoin prices are below the dynamic support level (EMA) of the 50-day index moving average (EMA), despite analysts and industry executives looking for a higher long-term price.
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